Abraham

@abrahamcr

93 Following

61 Followers

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Really cool mentorship hours with @wbnns, watching a ton of builders on the is really invigorating. Excited to be in the last mile of the Buildathon!!

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Learning 3: during @base's Buildathon we built @bandocool, the direct connection between Base and the Mexican financial system. We saw that small volume programmatic swaps and bridges constantly failed 😨. We investigated the issue and saw that failed transactions gave us the error "InsufficientBalance". This was because of the combination of market volatility and small volume transactions. Small transactions are important because they are how users start testing Bando. They send less than $10 USD to test the product and then they start making larger transactions. We needed to solve this to have a good onboarding, as you don't want your first transaction to fail 😬. To solve this issue, we funded small quantities of the assets that make the most common swaps/bridges in the wallet that executes the programmatic swaps and bridges. The assets we funded in Base are WETH and USDC, as most liquidity pools trade against these two. Since we did that, failed transactions have almost disappeared. A cool finding.

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Ok, so we created @bandocool, I'll regularly cast our learnings and our progress during the Buildathon. Learning 1: the DeFi mullet is a really cool way of approaching problems. Fintech in the front and DeFi in the back is not just a meme, it's a building culture. The coolest part of the mullet is understanding how assets flow and how it abstracts user complexity. For example, the community using @bandocool has interacted with @across, @symbiosis, Circle's CCTP and other bridging protocols and the bridging complexity is abstracted. They only see a wire transfer in the Mexican financial system and then they get their assets on Base. As simple as that.

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We submitted our project to the Buildathon! We connected Base to the Mexican financial system used by more than 70 million Mexicans that had a volume of $31 billion USD. Users can now send a simple wire transfer in Mexico and get assets in Base in a couple of mins. Take a look at our application! https://devfolio.co/projects/bando-0702

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Ya todo listo para el BUILDATHON de Base, vamos a ver qué armamos con @bandocool Contributed to making @jessepollak bald and scored an NFT. Mint yours by joining the Onchain Summer Buildathon. https://letsgetjessebald.com/token/2046?ref_code=b77c7a488e

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La profunda crítica de que los tokens de gobernanza no sirven para nada podría estar a punto de desaparecer por el modelo de $EIGEN como work token. Esto es un abordaje que creo puede potenciar los tokenomics en la industria, veo un futuro cercano donde muchos de gobernanza migran a ser work tokens

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Hey, ya tenemos cuenta de @espaciocripto LFG

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We have made a preliminary list of people in the crypto space to follow in 2024. Help us complete the list and tag the Latin American individuals you find important to follow in 2024. Let's create a mega thread 🧵🧵🧵 🚀🚀🚀

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Armemos conversación en /mexico 👀 y /latam. ¿Quién anda por acá?

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Hey @gabrielayuso.eth, me encantaría invitarte a Espacio Cripto. Tenemos el podcast sobre web3 más grande en México :)

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Is there a /frames to embed a Figma prototype here? Or that’s not how they work🙃?

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Writing this week’s newsletter I crated this meme to explain The Scourge. In Spanish that part of the roadmap is called “El Chanclazo”. Thoughts @vitalik.eth @trustlessstate @cdixon.eth et all?

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En Espacio Cripto hicimos nuestro reporte mensual de airdrops analizando el ecosistema de Solana. Me encantaría que le echen un ojo y me den cualquier feedback 🩵🩵🩵. https://espaciocripto.substack.com/p/reporte-de-airdrops-enero-24-solana

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Who are the top Spanish speaking people to follow here? 👀👀👀

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Hey @maxtorres.eth me metió a esto, GM 🩵.

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